Indonesian Political, Business & Finance News

BI provides bank profiles

| Source: JP

BI provides bank profiles

JAKARTA (JP): Bank Indonesia has provided profiles of the 38
closed banks, seven nationalized and nine recapitalized banks on
its Internet homepage.

Data provided on the homepage -- www.bi.go.id -- includes the
banks' capital adequacy ratio, total assets, credits, credit
exceeding the legal lending limit, third-party funds, number of
accounts, interbank and central bank obligations as well as
branch and employee numbers.

Results of the central bank's evaluation on the banks'
management and business plans is also provided.

In regard to the 73 relatively healthy banks allowed to
continue operating, the central bank provides only their capital
adequacy ratio -- the ratio between capital and risk-weighted
assets -- a key bank health indicator.

BI director Subarjo Joyosumarto said in a statement on
Wednesday: "This shows Bank Indonesia's commitment to
transparency in the bank recapitalization program." (rid)

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